January 09, 2018

Fed releases CCAR questions and answers

The Federal Reserve Board has released questions and answers related to its annual Comprehensive Capital Analysis and Review exercise. Fed staff provides answers to questions from firms related to CCAR and its Dodd-Frank Act stress tests on an ongoing basis to assist with the interpretation of reporting instructions and related regulations and supervisory guidance.

According to the Fed, these questions and answers are provided directly to all firms subject to CCAR and DFAST and published on the Fed's website to facilitate transparency and consistency of interpretation and application of related rules and guidance. The current document includes questions submitted on or after Aug. 1, 2017.